Property description

***For Sale by Auction on 12th March 2015*** Guide Price: £60,000 - £75,000*** A lower ground floor 1 bedroom flat with garden and parking space. The property offers good sized living space and large bedroom. It offers easy access to Parsons Street train station. The property is tenanted and makes a high yielding investment.

Situation
The property is situated in a convenient location with excellent public transport links. The Parsons Street train station is only minutes away while the A38 provides easy access into the City Centre and escape into the north Somerset countryside.

Description
This is a lower ground floor 1 bedroom flat. The property is approached from the rear via a block paved patio. It also has the benefit of an allocated parking space at the rear. The accommodation offers a good sized kitchen/living space and a large bedroom and benefits from double glazing and gas central heating. The property is currently let subject to an historic rent dating back to June 2013 at £475 PCM. Based on current demand for rental property we would envisage a rent closer to £550 PCM being achieved.

Accommodation

Access
The property is approached via a set of steps down the side of the house leading to a pathway. This provides access to the driveway which in turn leads to a block paved patio leading up to the front door.

Kitchen/Living Room - L shaped 6.29m (max) x 3.06m (max)
UPVC casement door leads into the well equipped galley kitchen,with window to rear elevation and skylight. This leads into the living space with door to:

Bedroom - 3.24m (max) x 3.65m (max)
With window to front elevation (providing alternative means of escape) and door to:

Bathroom
Comprising bath with shower over, wash basin and WC

Outside
To the front of the property is a communal garden. To the rear there is a block paved patio and one off street parking space.

Agents note
It should be noted that the access to the parking space is narrow and only suitable for smaller vehicles. The purchaser will be granted permission by the freeholder to erect a fence between the gardens of flats A & B as defined by the lease plan.

Possession
The property is sold subject to the existing periodic tenancy. This is currently let at £475 PCM although we understand that the landlord is in negotiations with the tenant.

Viewings
By appointment with Auction Bristol and Somerset North Tel:0117 946 4949

Buyer's Premium
Please note that in addition to the Buyer's Admin Fee an additional Buyer's Premium of £500 + VAT is payable.

For sale by auction (unless previously sold)
On Thursday 12th March 2015At Bristol Pavilion, Gloucestershire County Cricket Ground, Nevil Road, Bristol BS7 9EJ

Legal Pack
A full auction legal pack can be downloaded from www.auctionhouse.uk.net/bristolandsomersetnorth once available. For further information on the other other lots in this auction please visit the website.

Property Features :

• A self-contained 1 bedroom flat
• Private patio garden
• off street parking
• Tenanted
• Close to Parsons Street Train Station